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, china will be the number one consumer of the so-called dirty energy, we'll talk about that with an environmentalist, also, we also have our eyes on washington, of course, lawmakers are on vacation, but there still is no deal on taxes. nearly every american is going to have to pay more in just eight days if congress can't reach some kind of an agreement. checking the big board right now, the dow jones industrial average is down about 41 points. again, we've got a half day of trading and we close today at 1 p.m., so that traders can go out on christmas break. light volume, but there are significant movers that we'll talk about in just a second. in particular, apple and jb penpejb-- j.c. penney. we have shibani joshi and adam shapiro as well and first to nicole, j.c. penney, a lot of people worried about retail sales, think it's going to hit companies like j.c. penney hard? guess what? the stock is up 4%, why? >> that's a huge move on a day when the major market average, look the at j.c. penney, it's posted comments from oppenheimer this morning, talking about the fact th
starbucks in china and the u.s. within two years. "overall, there's going to be coffee available. that'll help you on pricing, so it might be a good time to be expanding." starbucks' expansion plans aren't only meared number of shops. in the last 12 months, its acquired juice company evolution fresh, bakery la boulange, and is about to finalize acquisition of tea company teavanna. tensions remain high in michigan's capitol city, where legislation is about to be passed that could weaken the power of unions. protestors are furious. republican lawmakers moved quickly last week to enact "right to work legislation," allowing workers at unionized companies not to pay dues to the union, which reduces bargaining power right in the uaw's own back yard. the measure has already been approved by both chambers of michigan's legislature, and final enactment could take place tomorrow. republican governor rick snyder supports the legislation. if enacted, it would make michigan the 24th state with right-to-work laws. recent strikes at a california shipping port are over, but concerns of outsourcing p
aren't you shopping? i question your patriotism. >> i bought enough stuff from china and thrown it away already. >> right now for valentine's day shopping we have to solve that long beach strike. >> clerical workers. >> you can't get things i want to start shopping for for valentine's day the moment christmas and hanukkah is over. you have to start shopping for the next day. that will be constrained because of the port strike. >>> when we come back, house majority whip kevin mccarthy did sign this offer from the gop. can he convince the white house to back the republican solution to the fiscal cliff? one more look at futures on a tuesday morning as melissa said. not a lot of data today. just wait until the next three days. it all starts with adp, jobs coming up later this week. more "squawk on the street" back in a minute. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy
a big rally in china extending one of its biggest rallies in three years. we have a mixed bag in europe with italy up by about .2 of 1%. >> we'll do our best to keep focused on the business day. we'll be following the tragic shooting in connecticut, of course. the new york stock exchange will hold a moment of silence to honor the victims in the next few moments, and we'll be looking at the president's call for meaningful action and the politics of gun control. >> let's get to a road map for this morning. it starts with apple. under pressure once again. even dipping below $500 a share at some point this morning. shares will remain range bound near term. iphone 5 sales and cannibalization among the region. >> other concessions from the gop, the speaker proposing tax hikes for millionaires. could this be the tipping point. moving the talks beyond deadlock. >> a big week for earnings. yes, earnings. fedex, research in motion among the companies reporting. so finally maybe we'll be talking about fundamentals in the stock market more than just the cliff. we've got to talk about apple reversin
business brief. a new report says china will have the world's largest economy by 2030. the national intelligence council global trends report takes into account fax tores like globalization and environment. europe, japan and russia are expected to continue declining economically. >>> standard charter reached at 327 dal million settlement with u.s. regulators for hiding the identity of iranian customers involved in dollar clearing transactions. the nearly three-year-investigation discovered criminal activity dating back to 2001. >>> boeing finalized a order for turkish airlines for 15, 777 extended range planes. the largest deal by value in turkish airline history. melissa: so is global warming to blame for hurricane sandy, right? former vice president al gore thinks so and blames president obama for not doing enough to fix it. >> it is causing these extreme weather events. dirty energy causes dirty weather. and we have to come to our senses and do something about it. i deeply respect our president. i'm grateful for the steps that he has taken but we can not have four more years of m
. >> brian: millions of dollars in a green company only to sell it to china? stewart varney with another waste of your money. he's coming up now. ♪ it's my favorite time of year again and now -- i got a great new way to get deals. it's called bankamerideals, from bank of america. i choose the cash back deals in my mobile or online banking. i just use my bank of america debit or credit card when i pay. and i get as much as 15% cash back -- put into my account. this is cash back on top of other rewards i already get. best of all -- it's free. happy holidays. [ male announcer ] introducing bankamerideals, free for online banking customers. sign in to your online banking to choose your deals today. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? ♪ >> gretchen: if you are just waking up it is 17 minutes past the top of the is it like a fire sale on america interest? china buying up u.s. compani
made there debut in china, but to a been there done that response. take a look at metal as we head to break. ♪ [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it just common sense. from td ameritrade. it just common sense. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. ♪ lori: that dow is down. let's get a more in-depth check of the markets with nicole petallides on the fl
china, southeast asia or from as far as the u.s., norway, etcetera in buying korean won bonds and most likely these are from the sector due to their diversification needs and attracted by the korean bond markets. and if you look at the yields, although it has already come lower quite a lot, but if you compared that with treasury yields, that is very attractive. >> we'll leave it there. thank you very much. >>> now if you're just joining us here on "worldwide exchange," these are your headlines. a union at last. the eu finance ministers hand the ecb the power to supervisor more than 150 banks following another late nightmare thon session in brussels. the euro bounces on the news, but stocks in europe trade lower as ben bernanke warns monetary policy may not be enough to offset the damage if the u.s. goes over the fiscal cliff. >>> and the u.s. takes another surprising step tying interest rates to the u.s. unemployment rate. >>> plus, investors chairing danone plan to save $2 million over the next two years as they try to offset a slump in southern europe. >>> straight ahead on the progr
. charles: not yet. stuart: investors are character out on apple losing market share in china and samsung stepping in and fox and friends host as resident tech guru, here is the question, clayton, has apple lost its cool? and also, netflix in trouble with the sec over facebook status, what? find out why after this break. ♪ [ male announcer ] this is karen anjeremiah. they don't kn it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life togeth where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. gethe mercedes-benz on your wi list at the winter event going o w thugh december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month
than 2 million in iphone 5s in china just over the last three days. that's the best ever debut for the iphone line in china. apple is china's second biggest market, although it did lose a lot of market share while they were waiting for that i5 to come out. and citi research has downgraded apple from a hold to a buy. you can see there just below $500. >>> also, the national association for business economics growth in 2013 to come in at 2.1% after growing by 2.2% in 2012. that would continue the same tepid growth that the country has seen since the recession ended back in mid 2009. >>> and the nation is mourning the horrific event of friday in newtown, connecticut. president obama spoke last night about change. >> we can't kol rate this any more. these tragedies must end. and to end them, we must change. we will be told that the causes of such violence are complex, and that is true. no single law, no set of laws can eliminate evil from the world or event every senseless act of violence in our society. >>> and earlier in the day, new york city mayor michael bloomberg called on th
.com/mornings. >>> apple is doing brisk business in china with the new iphone and google avoids penalties in an anti-trust investigation. jason brooks with kcbs and cbsmoneywatch.com, good morning. >> reporter: good morning. apple has been under pressure of late. we have seen its stock drop about $200 since hitting an all- time high over $700 back in september. iphone sales have been a big worry with the new 5 out. but it looks like sales were off to a strong start in china. apple says it sold 2 million iphone 5s in the first three days of business in china. there are some expectations that the company could sell up to 50 million iphones in the current quarter. there are other concerns about the new ipad mini cannibalizing sales of its larger sibling. >>> google is unscathed by an antitrust investigation here in the united states, according to the "wall street journal." a number of rivals say google's search practices emphasize its own services and companies over that of competitors but the "wall street journal" says u.s. federal trade commission won't force google to sign a consent decree and googl
in high china, hong kong, and singapore. dennis: the myth is, the china, doing knockoff wines, but this is an inside job. your own brethren. >> not mine, but the expensive wine side, it's within the u.s. and europe, and it's guys who are in, you know, really into wine. dennis: prominent dealers? >> current case, fbi is charging a guy, a well-known collector, sold wine in auctions, turns out a lot of the wine may not have been what it was claiming to be. dennis: three bottles here, counterfit bottles, guys, and see if ray points out what makes then counterfeit. a nice 1923. >> yes, a 1923, would be $30,000 at auction. it would sell either way, but look at the symbol, the red dot, they always stamp dark and red. this is much too light. that's an insider thing. dennis: the bottle, the glass -- >> the glass is real. they got a less expensive wipe from the 1920s, 30s, refilled it with different wine, slap the label, and faked the label, and then, you know, tried to sell it for a lot of money. dennis: a couple other pictures comparing counterfeit with the real thing. other general t
it over the last 8 years is to take out a credit card from the bank of china in the name of our children, driving up our national debt from $5 trillion from the first 42 presidents, number 43 ed a $4 trillion by his lonesome so we now have over $9 trillion of debt that we're going to have to pay back. $30,000 for every man, woman and child. that's irresponsible. it's unpatriotic. >> so, unpatriotic. >> the hypocrite in chief says in 2008 that 5 from is unpatriotic but now we're up to $16.4 trillion. that's okay. by the way we move my credit card limits. he doesn't want a debt ceiling going forward. >> debt ceiling no more can congress deal when the president says we're going to raise the debt ceiling. no squabbles back and forth. >> let me get this straight. borrow $4.8 billion a day and now we're coming to the edge ever the fiscal cliff. republicans are saying hey, let's continue the bush tax cuts, let's make this fair for everyone but let's stop spending. we are spending more than we have. democrats are saying now they are saying it doesn't matter, we are not focused on the deficit any
transportation. i'm concerned about education. i'm concerned about cutting in all of these areas that make china -- give china a bigger advantage as we move forward that give our global competitors a bigger advantage. that's what really concerns me. >> two quick observations. if you're in business and you're told we've got to make changes at our budget and you look at 6%, 15% of your budget, 9% of your budget, you've got to make cuts, you look at the 60% first and say where can we make manufacture she's cuts. talk about not endangering our ability to compete and win going forward, you don't want to cut those areas as steve has talked about eloquently many times, there are advantages which means you have to look at entitlements. and i think to michael's point, i think there's credit to that. two, i like the fact that boehner now is in a stronger position with his caucus because if indeed they find a deal, that means he can win a majority of his people over. i like the fact that nancy pelosi's in a strong position with her caucus. so the pieces are not only coming together substantively, they're c
pickpocket. >>> number four, big trouble in communist china. everybody thought one of the most powerful politicians in china party chief boojili was getting rid of crime and corruption till this summer when a court convicted his wife of murdering a british business man and the government accused him of trying to hinder the investigation as well as taking bribes and abusing his power. now he's been kicked out of the communist party. leaders voted to expel him in november number three, a service becomes not so secret. the role of protecting the president when he trabs abroad has moments of glamour and excitement. that included hookers for some is secret service agents and military personnel visiting cartagena in advance of the president's arrival last april. it won't have bothered colombian authorities since prostitution sgs legal there. local police only got involved because of a hotel altercation between a woman and a secret service agent over the payment. number two, it's been called the building that never sleeps but the bbc's london headquarters says it was completely unaware of the
in china where they claim to encounter racism unparalleled in any part of the world they had gone to. irritatingly stayed in branches of the ymca, the equivalent for grown men of the boy scouts and they were cheered on by enclaves of indians and especially -- the constant stated the dias pro-for the most of the globe remarkably a consequence of empire and counterweights to it. a different diaspora and yet similar manifestation of the internationalism supported -- in this clutch of circumnavigate errors, this international on his slightly later surface to her of the world. he came from a privileged russian family but that was of no help when he found himself on the losing side in the russian civil war during that country's revolution. as a white russian stranded in china the man without a country so destitute that he made his way to shanghai overland and a mix of men's and women's clothing. in shanghai he obtained passports, documents of the league of nations have begun to issue to stateless refugees initially russians in 1922. a first step in the development of international refugee
it is with cheap natural gas. natural gas is $60 in japan. fourteen dollars in china. it has been an economic miracle. if they want to cut, perhaps, millions of jobs and kill any sort of a manufacturing renaissance, go for. i think they will get their money from them. i think they will hijack the industry in respect to that. natural gas has been great for this country. this particular stock, speaking of earth, i would say $42.90 would be a good number for them. lori: the manager is at the center of what the feds are calling the largest ever insider-trading case. charlie gasparino joined us in the case against matthew martoma adam: war spending and buying from the federal reserve. ♪ >> 21 minutes past the hour. this is your fox news minute. and american soldier has been attacked in afghanistan. that is all coming just hours after leon panetta left the area. the pentagon confirming a new goal board explosive device. a north korean satellite reportedly tumbling out of control and space at this hour following a rocket launch last week that sent it into orbit. the fence secretary saying the laun
there that could be laying the ground work for strategic help for rebel groups. also for russia and iran and china and other countries that support the assad regime to perhaps distance themselves a little bit from the syrian president. we have all those reasons that are coming -- that are like the pieces of the puzzle. you make it out. is the threat of chemical weapons being used against the syrians an imminent threat? you have a lot of opinions out there that that's not the case right now. >> good balanced approach. we like that. a lot of people just kind of beating the drums here. want to get the other side as well. thank you, paula. >>> seran is the onlying nerve gas we've been talking about so far in sear yashgs but they -- >> military analysts believe that syria may have one of the most extensive chemical weapons stockpiles in the world spread through production and storage facilities throughout the country. this, they say, is a result of an aggressive development program started in the 1980s, aided by the russians and the iranians, and has been cause for concern before. not only because the
drawn international condemnation. the u.s. and its allies are pushing for stronger sanctions. but china, north korea's biggest supporter says, a moderation is needed to avoid further escalation. >>> secretary of state hillary clinton can expect some pretty tough questions about the deadly september attack in libya when she appears before a house committee a week from today. it could be her final appearance, in fact, on capitol hill, before officially leaving the administration. after being named one of the year's most fascinating people by our own barbara walters last night, clinton talked about her future, specifically that much-speculated run for president. >> i've said i really don't believe that that's something i will do again. i am so grateful i had the experience of doing it before. but you know, i think there are lots of ways to serve. so, i will continue to serve. >> asked what it would take to convince her to become a candidate, clinton said, clearly, she had no intention of running. but we've heard that from politicians before. >> that's what they do. >>> and 12-12-12 proved
. what if everyone in china had two cars and a swimming pool? that is not sustainable. the reason we cannot make any political progress is we have this cognitive dissonance. at the beginning of the session assayed save your money and consume more. at the same time. amazing. we have got to get beyond an economy that is predicated on unlimited, increasing amounts of consumption was no end in sight. the end is in sight. maybe if we have to cope with the reality for awhile longer, we can be more intelligent. >> on that note, we have to wrap up. one of the things that intrigued me with these kinds of situations is that ideas are very -- is very scarce resource and we have to think about maximizing and amplifying ideas. that is so incredible. the idea of possibility is so, i think, important to celebrate. when i say possibility, if people say you cannot do that and cannot do this and cannot think that, people are like -- there is a [inaudible] at work. we have to rebuild a new economy. above all, the fact that you're right. if we do not do it the planet will do it for us. i will leave it a
's amazing were no other cars in the tunnel. that tunnel connects china town and russian hill. it has a 35-mile an hour speed limit. san francisco supervisor said that the police chief told him police are investigating the video. >> i think no mat wore it is its offensive, it violates public safety. >> reporter: the officer involvede mailed us to tell his side of the story and he said he wasn't driving 100 miles an hour and that he was not drunk. he said my biggest mistake was putting this video on facebook. this was meant to be between friends, i find it upsetting that someone would put the time and energy into finding a three month old innocent video and alert the media to its presence, drawing a line from innocent fun to police misconduct. that posting of that video has been removed and apparently a police investigation now underway. >> thank you. time is now 7:33. police in san leandro searching for the man who stole a truck and then crashed into a fence. it was stolen from the sheet worker's union building last night about 8:15. a gps system in the truck helped the police find it. i
. >> obama took gm and chrysler into bankruptcy and told them in china. >> the ad was referring to the auto bailout that lent a line to chrysler and gm and saved america's car industry from imminent collapse. i was in ohio when the ad came out, riding the cnn election express. ohio was crucial to romney and he had to take the state if he wanted to win, but ohio is auto country. i met voters in columbus who were outraged because it was a bold-faced lie. all chrysler said is it may make extra jeeps in china. here's what i said about romney's surprising misunderstanding of the auto industry back then. >> for decades and decades and decades, american auto companies have made cars in the countries or the regions in which they sell them. i want to remind americans when they buy toyotas and hondas and hyundais and nissans in america that are assembled here, back home somebody said why are you shipping our jobs to america? it shows a misunderstanding by the romney camp to try and get under people's nails about jobs and cars being made elsewhere. >> christine didn't see that coming and got stuck lis
taken offline. >>> video from shanghai china shows a giant shark tank at a shopping mall -- wow -- suddenly shatters spectators swept away as the water spills out. 16 people were hurt there, some were cut by the flying glass. three sharks were killed in the incident. it's believed that glass fell apart because it was too old. >> yikes. >> unbelievable. >> they're going to have to go back and get a new hot pretzel. >> how do you get sharks in a mall? okay. >> i can't answer that question. i hope someone can. >> get into >>> the widow of slain army ranger pat tillman is speaking out in a rare interview. marie tillman tells jeff glor about the private side of her late husband that we never knew and her surprising second chance at love. you're watching "cbs this morning." love. you're watching "cbs this morning." [ sniffs ] i have a cold. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ br
, and the china he's representative said something. i forget what it was. "new york times" reports it this morning and susan rice says, "0 that's ridiculous ". i mean in terms of diplomatic-speak, she is nothing for being rough and tumble. she doesn't take any crap which is ideal some people don't like her. it's why i love her. thanks veronica. john, out in ferndale washington. >> that's in california? >> it's washington state. >> you got it. i am going to be mindful of the words you can't say on the radio >> bill: you can't either, john >> caller: callers, as well as yourself, let's go over the record quickly. shra they were afraid from glenn beck was going to do a program on her, threw her under the bus. acorn right under the bus. i wonder, has, you know, has -- did you ever see the front line special on pbs when barack obama was the harvard law review, they talked about how he caved into the conservatives at the harvard law review. i just wonder: does this man have any fight in him let me cylinder see graham and john mccain mall make crazy accusati
are not as bad with fiscal cliff. china not as bad as we though, u.s. very strong. so nike, if it goes back to 97, it means we're going to have a real bad couple of days in my view. look at red hat. red hat is a technology company that is deeply involved in the cloud. they, too, had a better than expected number, as did oracle in the cloud. so these are my two tales for the trading today, david. if you pick the best of the best and they go down, you'll really have a couple of -- >> when it comes to the so-called cloud play and the use of it in the competition here, is that one of the key names? >> yes, it allows you to manage cloud in a cheap -- an anti-microsoft business. their partner is sales force.com. i'm really using these as tells. in other words, these are the ones where there's natural buyers. as we just found out how good things are. it wasn't like we found out a month ago. we just found out last night. if they have resilience, the market is going to be more resilient than people think. if they give up the ghost, i think next week's going to be difficult, too. >> all right. we'll be wat
have been the year of the dragon in china. 2012 was filled with all source of critters and their wild moments caught on camera. next, a look back at a big year in animals. including one of the world's smallest, smallest, tiniest little puppies. tiniy, tiny. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. >> harris: from swimming with baby tigers to puppies the sized of an iphone. four legged friends have given us moments this year. some the wildest moments in the animal kingdom. [chirpi
then? >> what are you going to do? you need another source of income. >> steve: call china! >> can we borrow more? you're already going to raise the medicare tax to help pay for obamacare. you're already raising the tax on some drugs to pay for it. what are you going to do now? if you don't get the medical device tax through, and you don't get the $29 billion, what are you going to do? you're right, steve. call china, let's borrow more. >> steve: so many people are fixated on the fiscal cliff and the president wants to jack up taxes on people who are successful. up to maybe about 40%. that's one of the theories out there. he'd love 40%. but a lot of people forget about the medical device tax, plus all the obamacare taxes already baked into the equation. >> it's a tax here, a tax there, a fee there, a fee here, everything goes up. medical care gets more expensive. not less expensive. >> steve: he talks about money. he talks about politics. he talks about all sorts of stuff on fox business, 9:20 eastern time. the great stuart varney, thanks for dropping by. >> thank you. >> steve: all r
of uninhabited lands between japan and china. japan sent eight fighter jets after a chinese plane was seen near the islands. it was gone by the time they got there. china continues to claim the islands. the islands have been in japanese control for years. japan bought the privately owned islands in september. >>> some are calling it a break-through, north korea making its first successful long range rocket launch but less than 24 hours after liftoff a u.s. official tells cnn the country may not be in full control of the satellite. joining me is cnn contributor and retired u.s. army general spider marks. good morning. >> good morning. >> what does this mean? is this a setback for north korea? >> it's not a setback at all for north korea. north korea successfully launched something into an extra atmospheric orbit, albeit it's not control. they were able to build a three-stage missile and get an object into space. >> here is how leon pa net ta spoke about it. he spoke to erin burnett in afghanistan. >> this is a clear provocation. we've warned them not to do it. we've been very concerned about the
secure. david: they are doing gangbusters in china as well, the samsung galaxy is far outpacing the iphone 5 right now. >> what rimm has going for it is they do have 78 million subscribers and they are known for the security. they are known for a compression technologies that make the web surfing faster. if the user experience of blackberry 10 and developers don't get excited about the next platform, then they are toast. david: one thing they have surprised me about iphone or about apple in general, is they haven't taken advantage of the problems that rimm has to get into the business market. they are so focused on getting the new jazzy thing for the consumer, rather than the business user, that they haven't tried to invade that market. does that surprise you? >> yes, to a certain degree. i think mostly on the ipad they are making a lot more inroads than they are with the iphone. iphone is sort of still a back door sort of deployment. i think once -- sort of microsoft might wind up helping apple in the sense that a lot of people think they are developing office for ios. if that comes
the currency is faring today against the u.s. dollar. [ male announcer ] how can power consumption in china, impact wool exports from n zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understandhe connections of a complex, global economy. it's ju one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort dsn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means.s...fish on! symbicort is for copd including chronic bnchitis and emphysema. it should not be taken more than twice a day. symbirt may increase yo
, china and india in particular are actually the source of most of the increasing greenhouse fasts that we've seen in recent years and the united states is at a level of greenhouse gas emissions it hasn't been at in over a decade. so, partially due to our own repressed economy, but partialingly due to the fact that you're talking about regulations and alternative fuels, the u.s. economy and other industriallized economies have actually seen their emissions stabilize or even fall over the past decade. >> yeah, and china, they're a big polluter. i mean, if you go into a store and you break something, you pay for it. so, if we can prove that a country is a big polluter, why shouldn't they pay? >> the problem is that even if the united states, all the other stilllized countries complied with what the secretary-general was talking about, it actually wouldn't do anything in terms of greenhouse gas emissions because the growth in the greenhouse gas emissions is coming with the developing world and it would be almost symbolic gesture in terms of global warming which is their theory and do nothing
sachs to buy from neutral. citing increased potential for yum's operations in china. although, that's what we talk about all the time. kfc in china. that's the growth in their, i think isn't yum bigger than mcdonald's in terms of total number? >> yeah. >> i think subway is, too. research -- >> they don't even call it kentucky tried anymore. >> kfc. >> and it's really chicken. >> that's uncalled for. what do you think it is, cat? that is uncalled for. >> this is all i'll say. >> tastes like chicken. >> yes, it's chicken! if david novak -- >> taco bell. >> yeah, taco bell. >> is that really meat? is that your next -- >> no. all right. the restaurant -- research in motion, rim shares coming off a seven-month high on news that the u.s. immigrations and customs enforcement agent are going to use the blackberry 10 on a trial basis. that is on news, did you see this, that the agency is going to ditch the iphone in favor -- >> okay, so why? >> i don't know. i just want to say, so blackberry was one of the sponsors of the thing yesterday, at the dealbook conference and they showed off the bl
where we can solve the whole immigration problem. people say, how do we compete with china? we can have the entire world at our disposal and start businesses. then we have to focus on tax and the corporate tax reform to get a system that is simpler and makes it easier for businesses to compete in the world. that will be enormous. there is an infrastructure investment that needs to be made. this is important with the budget deal going forward. we have to think about what our values are. we can spend money on infrastructure to make investments in the future rather than having short-term spending. support for basic research and for higher education, as drew talked about. tell us what is and we can plan around it with respect to health care costs and energy costs. then it businesses can create a renaissance of american competitiveness. >> i think that is a brilliant agenda. i don't think that has changed. let's assume we go through the fiscal cliff. immigration, investments. you are not going to do a dream act. we had a chance to do it. george bush, john mccain. maybe the republicans learne
for antibiotics and steroids. some major issues for yum brands, 44% of its revenues come from china. getting the clearance at this point, very good news, and we're seeing the stock respond accordingly. bob pisani is here on the floor with more. >> good morning. merry christmas, everybody. over the weekend, is there a plan c on the fiscal cliff floating around. the only offer that's really on the table, and i hate to get so simplist simplistic, was the president's offer. he mentioned it at the press conference late friday afternoon, and that's raise taxes on the top 2%. that's basically the offer on the table. there's a lot of people trying to throw in a lot of spending cuts into a so-called plan c, raise the medicare eligibility age from 65 to 67. that's really an afterthought going in right now. the president's offer is the one on the table right now. at this point the choices are getting very, very narrow. i didn't hear do nothing. i didn't hear about a grand bargain. the other big thing over the weekend, i was getting a lot of e-mail about, is when will the treasury department declare the
china. it can valve at 120 miles per hour. next, 89 years. that's the age of the representative ralph hall, of texas who became the oldest serving house member of all time. he came to congress in 1981 as a democrat, but became a republican in 2004. finally, 110,000. that's how many people called norad to find out where santa was. they say that broke last year's record. clayton? >> clayton: thanks. did you get a handful of gift cards you can't use or gifts you don't want this christmas? you're not alone. today is the day to turn the unwanted gift cards into cash. consumer savings expert is here with great tips this morning. good to see you. hope you had a great christmas. >> i did, thank you. >> clayton: let's dive in here. number one, you say register your gift cards. >> right. it's really important to go on-line and register that gift card so that if it gets lost or stolen, that you can recover it. you can go on-line to the retailer's web site, or you can also actually register it at creditcard.com. they have a yourwallet recovery tool which will alert you and give you tips on how to
computer. the hackers are likely from china and that while admiral mullens' personal e-mail account has been compromised, aides insist no classified information is stored or viewed on those particular computers. >>> she was playing a part in a high school play, but the real star of the show was waiting in the wings. you got to love these stories. her dad, u.s. airman, returning home from war to surprise his gal. >> oh! [ applause ] [ cheers and applause ] >> gretchen: well, the girl's mom says there was not a dry eye in the room, including myself. >> steve: no kidding. merry christmas. meanwhile, lawmakers rushing to avoid the so-called fiscal cliff at the end of this month. a series of tax cuts and spending cuts set to kick in just 26 shopping days until the fiscal cliff. >> brian: less working days. >> steve: that's right. house republicans say there will be no deal if tax ritz go up and the obama administration says it's ready to go thelma and louise style over the cliff on january 1. if that's the case, wendell goler live at the white house with what we know is going on behind the s
it will consider an appropriate response. but china, north korea's biggest ally, says a moderate response is needed to avoid further escalation. >>> and software pioneer john mcafee is back in the u.s. after being deported from guatemala. he arrived in miami last night and went to an upscale hotel. it's not clear what if any legal issues he faces in the states. officials in belize want to question him in connection with the murder of a neighbor. so this confusing and bizarre story continues. >> indeed. >>> this could be the biggest news story of the day. the announcement that so many of us, and i put myself in this category, the directionally challenged. this is the news we have been waiting for. here we go. google maps is back for apple's iphone 5. the new google maps app for the iphone was released last night. it comes out three months after apple replaced google maps with its own mapping technology. as many of us know, that was a complete disaster. as we have reported. so now google maps are back on the iphone. it was so bad, apple axed two of their executives because that software was so bad. s
an issue out of china, but we lost a lot of jobs to southern states in the united states. so we're absolutely going to market -- michigan, there is no better work force in the country than michigan. i'd argue no better work force in the world than michigan. we'll welcome business with open arms, bring those opportunities to our state. we have a beautiful state, fantastic people. >> brian: mr. speaker, thank you for joining us. best of luck for everyone to calm down in michigan and look ahead. thanks so much. >> great to be with you. thanks. >> brian: the number one country song for the last two weeks running. ♪ baby you a song ♪ you make me want to roll my windows down ♪ ♪ and croon. >> brian: they've been here since 2:00 o'clock in the morning. they'll be here live. let's check in with bill hemmer who also got here at 2:00 o'clock in the morning and is in a rock'n'roll band. >> i'm looking for the peanut but ther and jelly later today. didn't we have that last year? >> brian: yes, you d. bring your own jiffy. >> will do. thank you. breaking news on the economy. what the
-- the whole immigration problem. a lot of people say how will we compete with china's population? we could have the entire world at our disposal in with the best people of the world can come to the u.s. >> and stay and start businesses. >> the corporate tax reform, have a system which is simpler and promotes efficiency and makes it easier for american businesses to compete in the world. third, -- and that efficiency will be enormous. third, there is an infrastructure investment that needs to be made. this is important. in the context of the kind of budget deal we will get, we will be spending less. we have to think about what our values are as rwith respect to what we spend money on. the most important to spend money on its infrastructure. make investments in the future rather than short-term spending. and support for research, basic research, and higher education, and education. if government does that and that creates some degree of certainty with respect super -- just tell us what we will be and we can plan around it -- with respect to energy costs. i think we will create the conditions
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